In Japan, A Member Of Parliament Was Arrested Due To A Scandal With Kickbacks
(MENAFN- AzerNews) Tokyo prosecutors have arrested Yoshitaka Ikeda, a member of the
lower house of parliament from the ruling Liberal Democratic Party
(LDP), Azernews reports, citing foreign media
outlets.
He is a member of the faction of former Prime Minister Shinzo
Abe and is suspected of violating the law on receiving income from
collecting Political donations.
This is the first high-profile arrest in the so-called kickback
scandal, which is how the Japanese press calls receiving income
from collecting political donations in violation of reporting
rules. The scandal has already led to major reshuffles in the
Japanese government and the leadership of the LDP, and has also
caused a sharp decline in the rating of trust in the
government.
The scandal concerns fundraising through receptions and
evenings, for which people, mostly business representatives,
purchase paid tickets, thus making donations. The funds collected
must be declared accordingly and reflected in the financial
statements. Factions in the LDP set fundraising standards that
depend on the status of a politician, his experience and
authority.
However, it is alleged that in some cases, politicians collect
more funds through paid events than is provided for by the
established internal party norm. The scandal concerns the
difference between the funds raised and the norm set for a
particular MP, since these funds are supposed to have been returned
to some politicians in the form of so-called kickbacks and could be
used as shadow political funds.
MENAFN07012024000195011045ID1107693131
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.